Equipment Financing is a form of finance that allows you to buy equipment and pay for it over time, rather than all at once. With a machinery loan, you can purchase, upgrade, or repair machinery fast.
No balance sheet needed
After first 6 EMIs
Straight into your account
Some of the benefits of equipment financing from Ziploan include:
To apply for an easy equipment loan from Ziploan, you will need the following documents:
*Conditions apply
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We are technology-enabled digital lender and are keen to provide our customers with a hassle-free lending experience. The following are the features of our unsecured machinery loan product:
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What is equipment financing?
Equipment financing is a way to finance the purchase of machinery and equipment. From office furniture and medical equipment to farm machinery and commercial ovens, you can use an equipment loan to purchase anything.
What are the benefits of financing equipment?
You can obtain working capital quickly when you take out a business equipment loan. This financing will allow you to spread out your payments over a longer period of time, allowing you to manage your cash flow seamlessly.
How does an equipment finance loan work?
A loan for equipment financing is used to purchase business-related items, like an oven, vehicle or copy machine.
What are equipment financing rates?
Interest rates on equipment loans typically range between 2% and 20%. There is a wide variation between the rates, but it's only because the rate you get is largely determined by your credit score and how long you've been in business. A higher credit score will result in a lower interest rate.
